Wednesday, 18 June 2014

HAVE YOUR SAY - Quarterly Economic Survey

"... the single most important piece of information for business planning ..."

What is QES?
The Quarterly Economic Survey (QES) is a business questionnaire that gives a ‘health check’ on Lincolnshire’s economy. It is done four times a year at the beginning of each trading quarter. It forms part of the British Chambers of Commerce’s national survey, and the results given by Lincolnshire businesses contributes to the body of evidence.

Why is it important?
QES is the most authoritative national business confidence survey and the first to be published in each quarter. Its results are closely watched by HM Treasury and the Bank of England’s Monetary Policy Committee. The results can be used and referenced by Lincolnshire businesses in applications and tenders, as well as the press. It is a valuable document for anyone needing to quote the latest economic trading results for Lincolnshire.

How to contribute
Any business that is based in Lincolnshire is eligible to fill it out. The survey comprises of no more than 25 tick box questions covering demand, employment, confidence, investment and external factors and takes just two minutes to complete. No detailed information is required and the survey is completely anonymous. The Quarter 1 survey for 2014 will be available to fill out on Monday 24 February for two weeks.

What to get involved?
Add your details to the list through this website, and receive the questionnaire every time.